thinkstockAdvanced Micro Devices Inc. (NYSE: AMD) has hired J.P. Morgan Chase & Co. (NYSE: JPM) to explore options, which may include the firm’s sale. (Reuters) Federal Reserve Vice Chair Janet Yellen says…
U.S. equity markets opened lower this morning on softness in Asian markets and another punt in the eurozone. In Asia, China is rumored to be ready to expand its property tax program,…
ThinkstockThe short interest in the actively traded cult stocks and in some of the active low-priced shares is often volatile. We tracked some rather large moves up and down in this group…
ThinkstockCarl Icahn is still around, in his seventies and several decades into his place as a famous takeover artist, although he sometimes just scares companies into distributing cash or cutting costs. He…
courtesy of AOLFormer Best Buy Co. Inc. (NYSE: BBY) chairman Richard Schulze will bid for the company, but at a level less than the $8 billion expected. (Reuters) China posts a 9.6%…
Wikimedia CommonsHas Amazon.com Inc. (NASDAQ: AMZN) got a deal for you! For just $7.99 a month, you get the company’s Prime free 2-day shipping service plus access to the company’s streaming video…
Courtesy of The Washington Post CompanyThousands of Greeks protest austerity measures. (Reuters) A U.S. judge rejects a patent lawsuit between Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL). (Reuters) General Motors…
courtesy of Netflix Inc.Netflix Inc. (NASDAQ: NFLX) announced today that its board of directors has adopted a stockholder rights plan. According to the press release: The Rights Plan is intended to protect…
Trey Thoelcke thinkstockNew research from 451 Research’s ChangeWave service shows that the Instant Video offering from Amazon.com Inc. (NASDAQ: AMZN) continues to gain share among consumers. Netflix Inc. (NASDAQ: NFLX) still dominates the market…
courtesy of YouTubeApple Inc. (NASDAQ: AAPL) releases its iPad mini in Asia, but demand appears soft. (Reuters) Microsoft Corp. (NASDAQ: MSFT) seeks developers for Windows 8. (Reuters) The FTC may sue Google…
U.S. equity markets opened higher following a spate of moderately good news on U.S. employment. The ADP report showed job gains (more coverage here), and the report on new claims for unemployment…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Barclays PLC (NYSE: BCS) reiterated Buy and listed as “too cheap” at BofA/ML.…
thinkstockRegulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters) Sony Corp. (NYSE: SNE) says it had…
thinkstockFounders of major companies are sometimes pushed out by their boards. It is quite another thing for an outsider to do the same. Netflix Inc.’s (NASDAQ: NFLX) Reed Hastings has lost much…
Carl Icahn is going after Netflix, Inc. (NASDAQ: NFLX). A 13D filing with the Securities and Exchange Commission shows that Carl Icahn, via investment entities under him, has taken a stake of 9.98%…
Jon C. Ogg 
